$47,950
5.90 Acres
Land
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH
Is Fincastle, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Fincastle was a Buyer's Market.
Key Takeaway
Fincastle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fincastle, VA
How much do homes in Fincastle, VA cost?
Median Sold Price
$450,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$106,852(+31.1%)
Key Takeaway
Homes in Fincastle have sold for 31.1% more than they did a year ago.
Summary: The median home sold price in Fincastle was $450,000 in October 2024, up 31.1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $457.9K | - | N/A |
| 2 Bedrooms | $204.4K | $187.5K | -8.3% |
| 3 Bedrooms | $321K | $335K | +4.4% |
| 4 Bedrooms | $452.9K | $515K | +13.7% |
| 5+ Bedrooms | $659K | $997.5K | +51.4% |
Summary: Fincastle housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 51.4%.
Housing Supply in Fincastle, VA
How many homes are available in Fincastle, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The Fincastle real estate market had 20 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fincastle housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fincastle, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Fincastle in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Fincastle, VA
How long does it take to sell a home in Fincastle, VA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fincastle are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Fincastle; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.